Source: BNY Mellon
BNY Mellon, the global leader in investment management and investment services, today announced the launch of BNY Mellon Connect(SM) Mobile, a new application that gives clients access to BNY Mellon product and service offerings via an iPad®.
Available for download at the iTunes App Store, BNY Mellon Connect(SM) Mobile debuts with a link to foreign exchange research from BNY Mellon Global Markets and a link to Liquidity DIRECT(SM) Mobile, which makes available via an iPad many of the transactional, reporting and account management features of Liquidity DIRECT(SM), BNY Mellon's cash investment tool for institutional investors.
As a leading provider of foreign exchange research, BNY Mellon Global Markets provides clients with a wealth of currency markets research, including a weekly currency markets preview; daily reports keyed to market openings in Europe, North America and Asia; and BNY Mellon's iFlow(SM) analysis of global investment flows. BNY Mellon Connect(SM) Mobile will give Global Markets clients access to this full suite of research products formatted for easy access via an iPad®.
Liquidity DIRECT(SM) Mobile allows clients to take the power of Liquidity DIRECT(SM) with them wherever they go. Clients can easily monitor and manage their cash investments via their iPad® without being tied to their desktop. Liquidity DIRECT(SM) enables institutional clients to access a wide range of money market funds, provide custody for margin balances in counterparty transactions, and invest directly in individual money market securities through BNY Mellon's full service broker-dealer. It also gives users access to a wealth of Liquidity DIRECT(SM)'s account performance and investment information, such as money market fund yields, returns and credit ratings. Liquidity DIRECT Mobile(SM) allows clients to invest, redeem and transfer cash via an iPad®-compatible version of Liquidity DIRECT(SM). It also gives users access to Liquidity DIRECT(SM)'s wealth of account performance and investment information, such as money market fund yields, returns and credit ratings.
Reflecting its ability to support client transactions, Liquidity DIRECT(SM) Mobile was designed with crucial security features, including the optcluding the option of dual authorization, which allows trades to be entered, but holds them as pending until verified by a second authorized point of client contact. This functionality can apply to an extensive array of investment transactions including all deposits, transfers and redemptions.
"BNY Mellon Connect(SM) Mobile marks an important milestone in our ongoing adaptation of Web-based offerings to mobile devices," said John Fiore, executive vice president and chief information officer for IT worldwide at BNY Mellon. "Making available via a single, easy-to-access portal a family of product and service offerings specially designed for the iPad®, BNY Mellon Connect(SM) Mobile adds new dimensions of accessibility and convenience to our clients' experience with BNY Mellon technology. We will be updating our mobile portal with additional features and functions in the coming months."
"As the first institutional investment portal adapted specifically for an iPad®, Liquidity DIRECT(SM) Mobile continues our tradition of introducing first-to-market, client-focused cash investment technologies," said Jonathan Spirgel, executive vice president and global head of Liquidity Services at BNY Mellon. "We're going to maintain our innovation momentum by introducing iPhone® and Android™ adaptations of Liquidity DIRECT(SM) Mobile during the second half of the year."
"Two important contributors to our leadership position in the FX market have been the depth and timeliness of our research based on our proprietary data, and our track record for successful e-commerce innovation. The debut of our FX research on the BNY Mellon iPad® app reflects both traditions, and sets the stage for the debut of our Web-based FX portal later this year," said Jorge Rodriguez, executive vice president and head of global FX sales for BNY Mellon Global Markets.